Typical Life Insurance Amounts:

Life insurance rates for people over 50 are set for every five-year span. Cheapest rates are offered to those who are between the ages of 50 and 55. The next rate levels cover those 55 to 60 and so
on.

Term life insurance for people over 50+ (fifty) rarely covers suicide in the first two years that the policy is owned. Some policies will not cover suicide ever. You cannot be denied a life insurance policy in most cases.

While the rates may be higher if you have had cancer, heart disease or other concerning health issues, most states require insurance companies to offer everyone some form of coverage, so if you are looking for a life ins. policy, you
should be able to get some kind of coverage.

AARP is perhaps the largest of these companies. AARP offers memberships for $16.00 per year. The membership is for both the person who is 50 and his or her spouse or partner.

Membership with AARP offers many benefits including discounted policies for term life insurance for people over 50, automobile insurance, homeowner's insurance, and even travel discounts. AARP also offers masses of information on common problems and situations
that middle-aged people experience.

Example Life Insurance Policies People Over 50

Here are some examples of term life insurance policies for those 50 years old and over. These rate examples are just a guide and most likely are not the rates you'll get. As you can see, they are very affordable. To get your own rates, please go here.

Shown: Average monthly costs for a 10 year level term policy for a non smoker woman in good health.

AGE

$100,000

$200,000

$300,000

$500,000

$1,000,000

50 Years Old

$13.48

$21.36

$24.06

$35.68

$66.06

51 Years Old

$14.26

$22.14

$25.90

$38.84

$72.19

52 Years Old

$15.05

$24.51

$28.00

$42.54

$79.19

53 Years Old

$16.11

$26.34

$30.26

$46.38

$87.06

54 Years Old

$17.15

$28.61

$33.05

$50.75

$95.81

55 Years Old

$18.39

$31.06

$35.88

$56.05

$104.13

56 Years Old

$19.34

$32.35

$38.43

$58.95

$110.20

57 Years Old

$20.39

$34.60

$40.86

$63.92

$120.15

58 Years Old

$21.26

$36.99

$43.75

$68.85

$130.05

59 Years Old

$22.49

$39.23

$47.16

$75.65

$143.50

60 Years Old

$23.98

$42.70

$51.10

$82.25

$156.63

61 Years Old

$25.87

$46.55

$55.83

$90.05

$171.50

62 Years Old

$27.48

$50.64

$60.55

$98.05

$187.25

63 Years Old

$29.59

$54.78

$66.34

$107.63

$206.55

64 Years Old

$32.01

$59.75

$73.41

$119.44

$229.22

65 Years Old

$37.26

$66.87

$81.03

$148.70

$287.00

(life insurance rates as off 5/10/2018 - your rates may vary)

Here are some examples of the average monthly costs of a 20 year term policy for a male, non-smoker, in good health and with no major medical issues:

Your Age

$100,000

$200,000

$300,000

$500,000

$1,000,000

age 50

$26.34

$46.99

$53.40

$89.25

$169.35

age 51

$28.18

$50.75

$58.74

$ 97.91

$185.94

age 52

$30.28

$54.95

$64.05

$106.70

$ 205.19

age 53

$32.55

$59.50

$67.08

$116.80

$227.06

age 54

$34.78

$61.86

$71.40

$119.00

$232.31

age 55

$37.58

$67.45

$78.00

$130.38

$255.06

age 56

$40.64

$73.59

$85.80

$143.50

$282.19

age 57

$45.14

$80.59

$94.20

$157.06

$309.75

age 58

$51.98

$97.52

$120.66

$197.31

$387.19

age 59

$57.58

$107.53

$136.41

$222.75

$434.25

(life insurance rates as off 5/10/2018 - your rates may vary)

Customers often ask "Can you buy life insurance in your fifties?, "Can I buy life insurance at age 50?", "Can a fifty year old buy life insurance?" - the answer is a resounding YES. Insurance companies are more than happy to insure you if you are from 50 to
59 years of age.